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by sequestration because those are our nickels and dimes that go into the gas tax per gallon. that weren't affected by sequestration. the huge -- an extremely high and disproportionate number of air traffic control -- of transportation department's expenditures are air tra traffic -- air traffic controllers themselves. so we have this problem. but as leader reid-pound out -- pointed out, we have other problems. to stop cancer research, to cut back on n.i.h. and n.s.f. which hals been our seed corn? n.i.h. created a biotechnical, a biopharmaceutical industry that's second to none and employees -- employs millions of people in your state, madam president, and mine. and n.s.f. research basically created the internet. that has created millions of jobs and makes u.s. industry the envy of the world. so we're cutting our seed corn. the kinds of programs for veterans who are homeless, the kinds of programs for homebound seniors. the meat ax approach of sequestration cuts those across the board. now, my preference would be to close some tax loopholes to get rid of sequestration. i don't think we should give
is the in recess for their weekly party caucuses. they will return at 2:15 for more work on then line sales tax bill. a motion to proceed on the bill could come tomorrow unless an agreement is reached today. learn more about your senators with c-span's 2013 congressional direct at this. it is available to order online. a handy guide to the current congress. has information about each member of the hoist and senate. it includes contact information, district maps and committee asassignments. the directory is 12.95 plus shipping and handling and order online. a short time ago we spoke with a capitol hill reporter with the latest on the legislation the senate is debating today on the internet sales tax. gautham nagesh from roll call on capitol hill. what is the purpose of this internet sales bill? >> it would require states online retailers, charge sales tax and collect and remit them when consumers make a purchase online. that includes retailers not within their own state. >> who are some of the bill's supporters and why do some of them say it will level the playing field for retailers? >> well, t
. speaker. i appreciate you allowing me this time today. yesterday was tax day. and i've got taxes on my mind, mr. speaker. you know as most folks in this chamber do that h.r. 25, the fair tax, is the most widely co-sponsored, most widely supported fundamental tax reform legislation in the house and in the senate. both the house and the senate. 64 of our colleagues in the house, mr. speaker, have put their name on h.r. 25, the fair tax. eight of our senate colleagues have put their name on h.r. 25, the fair tax. the fair tax is a revolutionary proposal, mr. speaker, in that it takes all of the power of the tax code out of washington, d.c., and returns it to men and women back home. you know we can manipulate the behavior of anyone in america through the tax code. if i want folks to wear more pink ties and fewer blue tie, i'll subsidize pink ties for 250% and tax blue ties for 250% and we'll change behavior overnight. do you remember, mr. speaker, when we had the electric vehicle tax credit back in 2010? it was a $7,500 tax credit. we said we are going to give $7,500 to every american to
that you face, and i d not envy you, is you said the fits call consolidation, the consumption tax will go up next year and the following year, and you're certainly aware that will take a big hit on consumption on income that will have a negative impact on the economy, and i'm wondering how you're balancing these two different issues of fiscal consolidation and demand. [speaking japanese] >> translator: i think you have hit on the most important point, because whenever we may try to increase the taxes, it does not necessarily result in increasing the tax revenue. we have known the actual examples which have happened in the past in many nrsakg ne >> you can watch the rest of this online as we take you live now to the heritage foundation in washington, d.c. for remarks by senator mike lee of utah. he'll be talking about the conservative movement and the future of the republican party. >> in his most recent book, "we still hold these truths: rediscovering our principles, reclaiming our future." please join me in welcoming matt spalding. matt? [applause] >> thanks, jon. i thought you said cons
than $40 billion in tax breaks for oil and gas companies in the 2014 budget request from the president. is next.ton journal" host: good morning. it's monday, april 22. congress will discuss immigration reform today. today marks one a week since the bombings in boston that killed three. with one of the alleged perpetrators in custody, the debate over how authorities should proceed will be at capitol hill. it being debated whether the u.s. citizen should be designated as an enemy combatants and questioned under law of war or whether he should be turned over to the civilian criminal justice system immediately. should the ballston bomber be designated as an enemy combatants? give us a call. -- the boston bomber. a very good monday morning to you. we want to take you to the statement that was released over the weekend by three senators and one republican congressman. senator john mccain, senator instagram, senator kelly ayotte, and congressman king. they say the man should be treated as an enemy combatants. so we will take you through that debate that took place on a lot of th
there. president obama has filed his income tax, paid 18% to the feds. are you kidding me. alec, for this mission i upgraded your smart phone. ♪ right. but the most important feature of all is... the capital one purchase eraser. i can redeem the double miles i earned with my venture card to erase recent travel purchases. d with a few clicks, this mission never happened. uh, what's this button do? [ electricity zaps ] ♪ you requested backup? yes. yes i did. what's in your wallet? and his new ss told him two ings -- cook what you love, and save your money. joe doesn't know it yet, but he'll work his way up from busser to waiter to chef before opening a restaurant specializing in fish and game from the great northwest. he'll start investing early, he'll find se good people to help guide him, and he'll set money aside from his first day of work to his last, which isn't rocket science. it's just common sense. from td ameritrade. >>. >> bill: tax day, yesterday was the deadline to renderer to caesar is one hungry guy. he wants our money especially if we have a lot about it. presid
collection act because it is going to make online businesses the tax collectors for the nation. and as the "wall street journal" pointed out in an editorial today called "the internet sales tax rush," it actually puts brick and mortar, puts the internet businesses at a disadvantage to brick and mortar businesses in terms of requiring -- making requirements on online businesses to collect taxes for transactions that the online businesses would not have to. and for a state like mine of new hampshire where we do not have a sales tax, this is also particularly onerous and really tramples on the decision that new hampshire has made to not have a sales tax. but most importantly, where we stand right now with the -- with the bill pending on the floor, you know, so many times there is so much around here that happens that does not go through regular order, and yet we have been talking on both sides of the aisle how important it is that when we have a major piece of legislation, which certainly this is, that we must go through regular order and that you just heard from the chairman of t
of the low income tax credits in 2012. the credit is calculated on income and family size and allows low income working families and vined you'lls to pay less in federal taxes will receive a refund. >>> ritchie haven the legendary folk singer the first act to hit the stage atwood stock h-- at wk has died. ♪ >> best known for improvising that song freedom at the 1969 festival. he died of a heart attack. he was 72 years old. >> now an extreme weather lart. severe flooding to blame for deaths in the midwest. heavy rains caused lakes and rivers to overflow their banks. >> there is more bad news. more rain and snow could cause problems today and tomorrow. let's go to maria molina for an extreme weather look. >> good to see you. we have another storm system that will be dumping more rain and snow across sections of the midwestism pacting places like indiana, illinois even into sections of missouri. i want to start out with the temperatures. producing that precipitation is bringing in record cold temperatures early this morning across sections of the plains. 14 in sue faioux falls and extr co
has filed his income tax, paid 18% to the feds. are you kidding me. that is moments away. clusters of pustules, pimples. i had this shingle rash right next to my spine. the soreness was excruciating. it was impossible to even think about dancing. when you're dancing, your partner is holding you. so, his hand would have been right in the spot that i had the shingles. no tango. no rhumba. you can't be touched. for more of the inside story, visit shinglesinfo.com i honestly loved smoking, and i honestly didn't think i would ever quit. [ male announcer ] along with support, chantix (varenicline) is proven to help people quit smoking. it reduces the urge to smoke. it put me at ease that you could smoke on the first week. [ male announcer ] some people had changes in behavior, thinking or mood, hostility, agitation, depresd mood and suicidal thoughts or actions while taking or after stopping chanti if you notice any of these stop taking chantix and call your doctor right away. tell your doctor about any history of depression or otr mental health proems, which could get worse while taking
has filed his income tax, paid 18% to the feds. [ male announcer ] this is kevin. to prove to you that aleve is the better choice for him, he's agreed to give it up. that's today? [ male announcer ] we'll be with him all day as he goes back to taking tylenol. i was okay, but after lunch my knee started to hurt again. and now i've got to take more pills. ♪ yup. another pill stop. can i get my aleve back yet? ♪ for my pain, i want my aleve. ♪ [ male announcer ] look for the easy-open red arthritis cap. >>. >> bill: tax day, yesterday was the deadline to renderer to caesar is one hungry guy. he wants our money especially if we have a lot about it. president obama made $600,000 and paid 18% but they donated 25% of their income to charity and you add it up, they parted with 43% of their income. therefore the president is paying his fair share in my humble opinion. some on the left don't care how much you give to charity. they want it all to go to the feds so the government can expand and nanny state can be more powerful. president obama is among those people. so he is being sligh
♪ ♪ imus in morning ♪ >> here it comes. a wall street rally, a big new tax and delays at the airport. good monday morning, everyone. yes, minutes from now, stocks will go up modestly. gold has already zoomed about 30 bucks an ounce. several factors involved, including the terrorist kill and capture. that big new tax is a tax on all internet sales. the details released this weekend for a senate vote today, what? talk about passing it to it find out what's in it, nancy pelosi, furloughs for air traffic contollers started yesterday. the transportation secretary says they're unavoidable. sequester delays may hit you today. "varney & company" is about to begin. ♪ [ cows moo ] [ sizzling ] more rain... [ thunder rumbles ] ♪ [ male announcer ] when the world moves... futures move first. learn futures from experienced pros with dedicated chats and daily live webinars. and trade with papermoney to test-drive the market. ♪ all on thinkorswim. from td ameritrade. >> good morning, everyone, sorry to tell you this, but here comes maximum pain. air travelers, listen up. your
for tax increases every other day, every day for that matter, and those are mott going to deal with -- not going to deal with the spiraling out-of-control spending that rawses the need for more debt -- raises the need for more debt. again, the differences on this subject, mr. speaker, are well-known, and i'm hopeful that we can work towards setting aside the differences, focusing in on how far we can rk towards accomplishing cc dealing with the problem of the mounting unfunded liabilities of the federal government. i yield back. . ha the gentleman for his observation. let me, if i can, some irony in the gentleman's response. we've been talking about two items. one, the going to conference, i eal with prospective spending, prospective increase in debt or deficit because we buy more or spend more or cut revenues more. the debt limit, as the gentleman so well knows, deals with what we've already done. doesn't have anything to do with increasing what we're going to spend. the budget does that. now, we're not dealing with the budget, but there is discussion dealing with this priorit
is beginning to vote to improve an -- approve an internet sales tax that will wreck small business, dan consumers and amount to a huge tax grab for state governments across the country. a terrible idea. ""the kudlow report"" begins right now. ♪ all right. charges were filed against terror suspect dzhokhar tsarnaev. nbc news' pete williams joins us with all the details. good evening, pete. >> well, the combination of evidence here the government says they have, larry, the main thing here is from a surveillance video from the scene of a second bombing, they say they can see dzhokhar tsarnaev come into view. they see him work his way into the crowd, take his backpack off, lower it to the ground. they say still photographs show it down on the ground at his feet and they say one of the most telling moments is when the bomb at the first site goes off. everyone around him looks, virtually everyone, they say, but he is calm, staring straight ahead, not reacting at all. he briefly glances that way, appears to use his telephone, walks away, 13 seconds later the bomb goes off at his location. th
them recover. bill: also president obama's budget plan taking a bit of a heat for new taxes on middle class. that wasn't supposed to be the? how much families are supposed to pay. martha: there is the scene in denver. what a morning commute in lakewood, colorado. they're making it a slow-go. it is may next week, right? we'll be right back. the farmers' market. maybe another headache will get in the way. maybe you'll have some friends over for dinner. maybe you'll have a migraine. if you have migraines with 15 or more headache days a month, you're living a maybe life. and you may have chronic migraine. but knowing this thing you're going through has a name means knowing you can find treatments that are right for you. go to mychronicmigraine.com to find a headache specialist. and don't live a maybe life. bill: rock concert taking on a whole new meeting. watch this guy. witnesses report seeing a flash more than 250 miles away, that is the stage of the concert, behind stage right, boom. astronomers estimate the object was eight inches across only when it entered the atmosphere. that there
and the taxing of i.r.a.s and retirement plans. this has the nation abuzz. it has talk radio athe buzz. because people are worried, and they're not hearing by the way, tom, the $3 million threshold. because wh americans are hearing is the government is now going to plunder people's lifetime retirement savings. i think it's a very dangerous idea. >> i do too. one analyst said, if you start when you come out of college, so you're in your early 20s, and you go to your 60s, that the average nurse's salary, i mean, $3 million sounds like a lot to a lot of people, kind of that class warfare thing. the average nurse's retirement account will add up to more than $3 million. >> no doubt about it. i talk to young people, the most important thing you can do when you're in your late teens and your 20s is start saving early. as you know, what is it that albert eye stein said in the most powerful force in the universe is compound interest. if you start saving early, putting money in ira, 401(k) plans, you can amass not just 3 but $5 million, $10 million. is there something wrong with that? since when does th
. the capping of the money that you can put into 401(k) plans and the taxing of i.r.a.s and retirement plans. this has the nation abuzz. it has talk radio athe buzz. because people are worried, and they're not hearing by the way, tom, the $3 million threshold. because what americans are hearing is the government is now going to plunder people's lifetime retirement savings. i think it's a very dangerous idea. >> i do too. one analyst said, if you start when you come out of college, so you're in your early 20s, and you go to your 60s, that the average nurse's salary, i mean, $3 million sounds like a lot to a lot of people, kind of that class warfare thing. the average nurse's retirement account will add up to more than $3 million. >> no doubt about it. i talk to young people, the most important thing you can do when you're in your late teens and your 20s is start saving early. as you know, what is it that albert eye stein said in the most powerful force in the universe is compound interest. if you start saving early, putting money in ira, 401(k) plans, you can amass not just 3 but $5 million,
growth, whether it was through tax cuts and other inners and supply side reforms, would you cut them some slack on that or not? >> we would -- we think there's fairly limited room for significant fiscal stimulus that would place public debt on, you know, steeper gradient in terms of its rise. right from the beginning of the process, we recognized the government can use their balance sheet and fiscal measures to offset the decline in private sector demand. so some measures which allow for an easing of the levels of deficit reduction and the pace of that is perfectly consistent with the current rating that we now have on the uk. but can the uk go on a major fiscal stimulus exercise? we don't really think there's much room for maneuver in terms of them to do that in terms of a ratings perspective. >> what happens if they -- they could go on a big tax cutting program and that got rates going. this is more about growth, isn't it, right now, because growth is a way to generate the revenue to bring down the deficit. >> yeah. but that's evident that if you do tax cuts, that you'll get more revenu
president of the czech republic when we come back. welcnew york state, where cutting taxes for families and businesses is our business. we've reduced taxes and lowered costs to save businesses more than two billion dollars to grow jobs, cut middle class income taxes to the lowest rate in sixty years, and we're creating tax free zones for business startups. the new new york is working creating tens of thousands of new businesses, and we're just getting started. to grow or start your business >>> welcome back to the program. here is a look at how stock res trading, to the up side. we are seeing increases throughout the trading session. yesterday was a different story. we started out okay and rapidly sold off. germany in particular was weak. eegan jones did dowde country to an a from an a plus. the xetra dax today after shedding better than 2% yesterday, which is a huge move for this index, rebounding by about 0.4%. small gains seen elsewhere, the ftse mib in italy up about 0.6%. keeping an eye on the presidential election process. that is currently under way. here is a look at the bond sp
sense. the president's strategy is he wants the taxes increased. we are not willing to do that. these big cities, chicago, atlanta, those airports will feel the impact economically. people around the country will be weighing in. we looking at legislation to push this issue. there is 47,000 employees. there are 15,000 controllers. also, when you look at what they are and, waterloo, iowa, it is treated the same way as chicago. this does not make sense. lori: you are exactly right. i meant to say looking for a tax increase. here is the dead -- devils advocate. it will actually lay off workers >> that for morale. this is bad for the safety. the airline industry, whether it is cargo or passengers, contributes a trillion dollars to the economy. this is very bad. again, they have the authority to be flexible. if the economy continues to move, the safety is intact. lori: they may postpone these for those 30 days. do you think that is a viable solution? >> they have that flexibility. they think they will get us back to the table to have an increased tax on the american people. that will
there in this bombing. >> you will be surprised to hear who they blame. welcnew york state, where cutting taxes for families and businesses is our business. we've reduced taxes and lowered costs to save businesses more than two billion dollars to grow jobs, cut middle class income taxes to the lowest rate in sixty years, and we're creating tax free zones for business startups. the new new york is working creating tens of thousands of new businesses, and we're just getting started. to grow or start your business visit thenewny.com from capital one... boris earns unlimited rewards for his small business. can i get the smith contract, please? thank you. that's three new paper shredders. [ boris ] put 'em on my spark card. [ garth ] boris' small business earns 2% cash back on every purchase every day. great businesses deserve unlimited rewards. read back the chicken's testimony, please. "buk, buk, bukka!" [ male announcer ] get the spark business card from capital one and earn unlimited rewards. choose 2% cash back or double miles on every purchase every day. told you i'd get half. what's in your w
because of the nature of the violence, even though the frequency of the tax is not higher. host: if you are interested in the legal challenges facing suspect in the boston bombing, there are -- the suspect remains hospitalized this morning. nothe moment he is communicating with anyone because of his serious condition. if you are just tuning in, we are joined by bill braniff here at the table to talk about the issue of terrorism. republican line, good morning. caller: my feeling on this is, have lived in newtown, connecticut and new york city, and not far from boston. we always fall short. we don't do enough. we treat everyone was so much respect, but people have less respect for us. we have to smack down people like this so they will not come to our country and treat us like this. i cannot afford to send my kid to the schools they went to. reaught,hould be brought right to trial and then executed. we are too soft. we do so much, and then we stop. it's out of control. we don't do enough in this country. guest: i don't have a lot of facts or figures to talk about prosecution rates. based
this intentionally. they want to make sure that we see a situation. if we don't raise taxes we will be in trouble. we don't have to do this. we did not have to leave these people often there is no financial reason for it. let's not make excuses. it is just plain bad management of the way around. gerri: and, of course, it to you. breaking news this afternoon about a lawsuit filed by the industry. the judge in that case did not grant an emergency stay to block furloughs. are you surprised? >> i am a little surprised. obviously a lot of legal opinions that says the faa can actually switch funds around to make this, but i do think it will take but the administration and congress to come together to solve this problem. the faa should delay the cuts that congress should clear up the authority to switch around of funds. it will take both bodies to prioritize this is a problem so we don't have travelers waiting in airports. should have never gone to this point in the first place. gerri: no. so many things congress and the president could have done, work together, but, as we know, they'd all like to. thank yo
to president obama's budget and take a look at this statistic. 86% of tax increases will fall on people making $200,000 a year or more in 2015. this according to the new study by the tax policy center. what to make of this? joining us is the senior political analyst for the washington examiner. michael, good to see you. i'm more interested in the fact that earners nearly every income level will bear some sort of tax increase in this which flies in the face behalf president obama promised years ago. >> when president obama was running for his first term, he said he wasn't going to raise taxes on ordinary people. that's actually been violated in a number of ways, including in the obama care law and early increase in the cigarette tax that tends to hit down scale people more often than it hits upscale people. but in the second term, he's putting in his budget these proposals to change, as i understand it, the c.p.i. that means that your bracket increases will go into effect earlier. people will be thrust into higher tax brackets and so-called buffett tax which amounts to a sort of revival of the
sales tax. and a little boy in the jaws of an 8-foot alligator. >> trying to bite my arm off. >> hitting him in the head really wasn't doing anything. it was like hitting a bring wall. >> tonight, his father reveals the trick that saved his son's life. my mom and dated having the nightmares. i'm sleeping good. >> you will meet him. but first from fox this tuesday night. american investigators traveled to russia today to question the parents of the accused boston marathon bombers. that's what an official at the u.s. embassy is telling the associated press. the official says the russian government is cooperating with the fbi and helped arrange this interview. of course, as we have been reporting here, fox news has learned the russians asked the fbi to investigate the older brother two years ago. he is the one who died in the shootout with police. the fbi reports it did not find any terrorism activity at the time. a year later, officials tell us the same brothers spent six months in russia. but we're getting conflicting reports about what the feds knew about that trip. tonight, one lawmaker
of these proposals would give to our children more taxes, more spending and neither ever reaches balance. there is only one proposal, the house budget, that would instead give to our children a balanced budget and a brighter future of freedom and opportunity. now is the time to choose the budget that reflects our american values. mr. speaker, the american people and future generations of americans deserve a balanced budget. i thank you and i yield back the balance of my time. the speaker pro tempore: the chair recognizes the gentleman from maryland, mr. hoyer, for five minutes. mr. hoyer: i ask unanimous consent to revise and extend. the speaker pro tempore: without objection. mr. hoyer: i thank the gentleman. preliminary, however to my remarks, i want to say i thank the gentleman for my -- the previous speaker for his remarks and to say i would hope that the senate, having passed a budget, we having passed a budget, the president submitting a budget, that we will now, hopefully as soon as this week, go to conference so that we might discuss the differences and get that budget to which t
cutting taxes for families and businesses is our business. we've reduced taxes and lowered costs to save businesses more than two billion dollars to grow jobs, cut middle class income taxes to the lowest rate in sixty years, and we're creating tax free zones for business startups. the new new york is working creating tens of thousands of new businesses, and we're just getting started. to grow or start your business visit thenewny.com departure. hertz gold plus rewards also offers ereturn-- our fastest way to return your car. just note your mileage and zap ! you're outta there ! we'll e-mail your receipt in a flash, too. it's just another way you'll be traveling at the speed of hertz. [ female announcer ] from more efficient payments. ♪ to more efficient pick-ups. ♪ wireless is limitless. ♪ from tracking the bus. ♪ to tracking field conditions. ♪ wireless is limitless. >>> remembering the victims of the violence here in boston. three were killed from the blast from the bombings and sean collier was shot and killed thursday night while sitting in his car. >> and police officers a
new york state, where cutting taxes for families and businesses is our business. we've reduced taxes and lowered costs to save businesses more than two billion dollars to grow jobs, cut middle class income taxes to the lowest rate in sixty years, and we're creating tax free zones for business startups. the new new york is working creating tens of thousands of new businesses, and we're just getting started. to grow or start your business visit thenewny.com lets you jump backwards and forwards in time to capture the perfect shot. blackberry z10 with time shift. built to keep you moving. see it in action at blackberry.com/z10 >>> welcome back to the program. there you are looking at sarah ferguson. one of the many guests attending the funeral today in london for margaret thatcher. more than 2,000 guests are expected at st. paul's cathedral just up the road from our cnbc stud yeaio here. it's the first time i believe that a lot of people will be seeing the inside of this cathedral since princess diana was married there a couple decades ago. it's certainly one of the biggest and most impo
ago. finally tonight, just a friendly reminder, it is tax day. a new study from a group called the national taxpayer advocate using confidential tax data for being most likely to fudge on their returns. some of the hot bed areas, los angeles, san francisco, houston, atlanta and washington, d.c. and some of the top small businesses that raise red flags are construction companies, real estate rental firms because they tend to write off so much. so, there's so much going on there, that we have to keep an eye on those tax cheats. >> first, you got to file your taxes. >> and hurry up. you've got until midnight. thanks for watching. >> i'm bill griffin. have a great evening. we'll see you tomorrow.
's winter of discontent, when britain had double-digit inflation, a top income tax rate of 83% and rising unemployment. and she revolutionized the economy with free-market ideas in her ten years of service that ushered in a new decade of prosperity. when she took office, the top income tax rate was 83%. it was cut to 60% and then to 40%. the middle tax rate was cut to 30%. and the lowest tax rate was eliminated altogether. when she took office, the top corporate tax rate was 53%. she cut it to 35%. the top capital gains tax rate was a stifling 75%. thatcher cut it to 30%. and as a result, a progrowth policies, unemployment fell from a high of 12% early in her tenure to 7.5% near the end. public spending as a percentage of g.d.p. fell from 45.1% of g.d.p. to 39.4% of g.d.p. and inflation fell from almost 22% in 1979 to a low rate of 2.4% in 1986. but perhaps the most telling tribute to margaret thatcher's leadership is that three days after she gave her britain await speech, that heroic speech she was dubbed "the iron lady" in the communist news outlet "the red star." when your military en
, where cutting taxes for families and businesses is our business. we've reduced taxes and lowered costs to save businesses more than two billion dollars to grow jobs, cut middle class income taxes to the lowest rate in sixty years, and we're creating tax free zones for business startups. the new new york is working creating tens of thousands of new businesses, and we're just getting started. to grow or start your business visit thenewny.com >>> there was a car jacking that took place, as well, in cambridge involving a mercedes suv. that car was ultimately discovered here in watertown and is pursued by the watertown police department. the pursuit went into a residential neighborhood not far from here where there was an exchange of gunfire between watertown police, nbta police officer and is two suspects in this suv. during the course of that pursuit, several explosive devices were discharged from the car at the police officers. in the exchange of the gunfire, we believe that one of the suspects was struck and ultimately taken into custody. a second suspect was able to flee he from that c
tax, that that money be spent on american made steel, con secrete -- concrete, bridges, buses, trains, whatever. it could work. one example, in the bill there was an opportunity for amtrak to buy new locomotives. about half a billion dollars to be spent on these new locomotives. in that section of law, one sentence was added that said these must be 100% american made. no one was making locomotives in america before that. but siemens, the german corporation, one of the biggest manufacturers in the world said, oh, half a billion dollar well, can make locomotives in america, sure. in sacramento, california, they opened a manufacturing plant, probably somewhere between 200 and 300 people working there today manufacturing 100% american made locomotives and on may 134, three years after they began this process, the first 100% american made locomotive in probably more than a century rolled onto the tracks of america. we can do this. h.r. 549 will provide that opportunity, using american-taxpayer money. i have another bill that does the same for wind and solar projects. we can do these things
showed surprising resilience dealing with the payroll tax cut exploration and with the first quarter spending close to what it was fourth quarter. so not a real hit and a decline in gasoline prices will give a consumer and nice boost in to the second quarter summer driving season. even in the short term to avoid getting overly pessimistic. connell: thank you very much dagen: she is trying to get us excited about gas that is $3.51 nationwide. [laughter] the frantic search for survivors has a massive explosion at a fertilizer plant levels homes and businesses across a small texas town. connell: carnival invest hundreds of millions of upgrades but now another one of the ships briefly losing power at sea, believe it or not. now look at the price of oil today below $87. ♪ ♪ [ male announcer ] this is karen and jeremiah they don't know it yet, but they're gonna fall in love, get married, have a couple of kids, [ children laughing ] move to the country, and live a long, happy life together where they almost never fight about money. [ dog barks ] because right after they get married, the
. back in a moment. welcnew york state, where cutting taxes for families and businesses is our business. we've reduced taxes and lowered costs to save businesses more than two billion dollars to grow jobs, cut middle class income taxes to the lowest rate in sixty years, and we're creating tax free zones for business startups. the new new york is working creating tens of thousands of new businesses, and we're just getting started. to grow or start your business visit thenewny.com this is america. we don't let frequent heartburn come between us and what we love. so if you're one of them people who gets heartburn and then treats day after day... block the acid with prilosec otc and don't get heartburn in the first place! [ male announcer ] one pill each morning. 24 hours. zero heartburn. ♪ [ male announcer ] every car we build must make adrenaline pump and pulses quicken. ♪ to help you not just stay alive... but feel alive. the c-class is no exception. it's a mercedes-benz, through and through. see your authorized mercedes-benz dealer for exceptional offers through mercedes-benz financ
share. powerful communication on the powerful network. verizon. welcnew york state, where cutting taxes for families and businesses is our business. we've reduced taxes and lowered costs to save businesses more than two billion dollars to grow jobs, cut middle class income taxes to the lowest rate in sixty years, and we're creating tax free zones for business startups. the new new york is working creating tens of thousands of new businesses, and we're just getting started. to grow or start your business visit thenewny.com how sharp is your business security?o! can it help protect your people and property, while keeping out threats to your operations? it's not working! yes it is. welcome to tyco integrated security. with world-class monitoring centers and thousands of qualified technicians. we've got a personal passion to help your business run safer, smarter, and sharper. we are tyco integrated security. and we are sharper. ♪ (train horn) vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. ...and we inspected his brakes for free.
, because if i owe $2,000 to you guys on my income taxes, do you guys say you can pay off a little at a time and then pay the rest of over a long time without being penalized? that is garbage. host: congress man? guest: there's a provision, if i'm not mistaken, if there are back taxes due, the people beyond $2,000 that is the feet that is being required in order to help pay for the processing of individuals, that will also be demanded as well. two-sided sort. -- sword. many of these undocumented workers in various industries in this country pay into a great deal of federal taxes, whether it is deducted for their payroll for social security, fica, etc., with no opportunity of ever retrieving or utilizing that tax, because they are prohibited from taking any federal program. also, one of the areas in which there will be some consternation is the fact that even though they have a work visa and are working toward a permanent status, all public benefits will be denied to 11 million people that qualify for this program. host: on twitter -- guest: yes, and parts of the criteria is going to be exact
to buy more than 1,000 u.s. dollars worth of gold you have to provide your income tax number. india say major buyer of gold. it is discouraging unaccounted for money moving into gold. i think with regards to commodities, there's a lot of uncertainty about chinese economic growth. if you look at steel production, cement production, it's barely growing in china. residential construction starts last year were down 11%. so i think there's a fundamental issue with commodities. they probably moved lower. there are assets much more interesting than commodities. >> mark, if this is a situation where as you suspect this is someone got in trouble, what happens to prices from here. >> well, if we go back down again and we have a big increase in margin calls again and then money has to be raised in the equity markets to offset losses in gold, then you're going to go down somewhere under you're going to rely on the margin. and cme released yesterday. >> anybody who says that deflation is once again on the table may have nothing to do with that whatsoever. >> i think you're right. i think someone or
and around the country when we come back. nd businesses is our business. we've reduced taxes and lowered costs to save businesses more than two billion dollars to grow jobs, cut middle class income taxes to the lowest rate in sixty years, and we're creating tax free zones for business startups. the new new york is working creating tens of thousands of new businesses, and we're just getting started. to grow or start your business visit thenewny.com i don'without goingcisions to angie's list first. you'll find reviews on home repair to healthcare written by people just like you. with angie's list, i know who to call, and i know the results will be fantastic. angie's list -- reviews you can trust. are you still sleeping? just wanted to check and make sure that we were on schedule. the first technology of its kind... mom and dad, i have great news. is now providing answers families need. siemens. answers. let's see what you got. rv -- covered. why would you pay for a hotel? i never do. motorcycles -- check. atv. i ride those. do you? no. boat. house. hello, dear. hello. hello. oh! check it -
medicine >>> president obama says it is time to end the online tax free shopping spree. the white house says the president is supporting a new bill that cleared its first hurdle in the senate yesterday and could come up for a full vote this week. it would require all online retailers to collect sales tax. some of the pros and cons are maybe from unexpected places. >> you wouldn't see it. the web sales tax bill has caused opposites to attract. on one side you have senators, a republican and a democrat both supporting it. on the other side arm and arm opposing it. the senate bill is the latest of what are called amazon laws, efforts to capture of what will amount to almost a quarter of a trillion online sales. that computer bought online could be $200 more. shirt and shorts is $20 higher than before with the tax. all of that could equal over $20 billion a year. 45 states are eyeing that revenue. the other five would have to create tax systems from ground zero. the measure has pit big box stores as well as a minority of etail ers. >>> amazon has physical locations in many states so it has
to manufacturer boxcar on. lori: tax-free online shopping could be numbered. melissa: take another look at metals as we head out to break. copper trading lower. we will be right back. ♪ thank you orville and wilbur... ...amelia... neil and buzz: for teaching us that you can't create the future... by cnging to the past. and with that: you're history. instead of looking behind... delta is looking beyond. 80 thousand of us investing billions... in everything from the best experiences below... to the finest comforts above. we're not simply saluting history... we're making it. [ lighter flicking ] [ male announcer ] you've reached the age where giving up isn't who you are. ♪ this is the age of knowing how to make things happen. so, why let erectile dysfsfunction get in your wa? talk to your doctor about viagra. 20 million men already have. ask your doctor if your heart is healthy enough for sex. do not take viagra if you take nitrates for chest pain; it may cause an unsafe drop in blood pressure. side effects include headache, flushing, upset stomach, and abnormal vision. to avoid long-term injury
, a bill to restore states' sovereign rights to enforce state and local sales and use tax laws, and for other purposes. mr. reid: i ask for a second reading and object to my own request. the presiding officer: objection having been heard, the bill will be read for a second time on the next legislative day. mr. reid: i ask unanimous consent the senate recess subject to the call of the chair. the presiding officer: without objection, the senate stands in recess subject to the call of the chair. >>> one day after the boston bombings a bipartisan watch group said the government used torture and illegal interrogation methods after the september 11 attacks in 2001. that report is next on c-span2. >>> she came into the white house, she was a 47-year-old lady that he did politics. she was deeply depressed at the death of her son and especially under the terrible circumstances in which she died. she didn't have many friends unfortunately, but she did have a wonderful family there always seems to be somebody there and i don't think he did very much but she was a very intellectual woman,
a pre-tax profit margin of 17. %, she said she would revisit those goals for the pretax profit margins for that unit in mid year once, again, the final acquisition or the last leg of that brokerage unit has been completed. the year over year decline in fixed income commodities and currency trading was down 42%. she said it was due to the very strong first quarter of 2012. that was due to some hejs that had helped put on for its clients. however, she did note on a quarter over quarter basis trading was up. retail activity among the brokerage clients was strong in january and february. it did taper off a little bit in march on concerns about some of the issues we saw. cyprus the big run-up in the market, et cetera. april got off to a slightly stronger start as well. she said ceo confidence when it comes to m and a, she said right now ceos are looking out to the second half of the year. there is concerns about the profit outlook there and that's holding them back a little bit. debt and equity underwriting remain strong. >> thank you, mary. a lot of information you had from that conversati
. apparently that's been somewhat contained or under control. welcnew york state, where cutting taxes for families and businesses is our business. we've reduced taxes and lowered costs to save businesses more than two billion dollars to grow jobs, cut middle class income taxes to the lowest rate in sixty years, and we're creating tax free zones for business startups. the new new york is working creating tens of thousands of new businesses, and we're just getting started. to grow or start your business visit thenewny.com prego?! but i've been buying ragu for years. [ thinking ] i wonder what other questionable choices i've made? [ club scene music ] [ sigh of relief ] [ male announcer ] choose taste. choose prego. [ male announcer ] engine light on? come to meineke now for a free code scan read and you'll say...my money. my choice. my meineke. >>> and we are back now with our other big story here in boston, massachusetts. the president just a few moments ago arrived at massachusetts general hospital to visit with the victims. michelle obama is visiting victims at bringham women's hospi
, cutting spending in the tax code, and then i think it also keeps our promises to people to seniors who worked hard their whole life and want to nothing more than a secure retirement. and to our veterans to 0 who we made promises as they donned the uniform and fought for our country. >> host: what about the issue of changed cpi. . >> guest: i start with a basic notion that social security has enci ad itbutedp our shben ttal n part of the discussion. certainly we need to be concerned about the long-term solvent sei of social security but again when retirement security is question mark for so many families. i don't think it should be on the table during this part of the discussion during the budget resolution. look at the real contributors to our deficit and debt as we try tackle those challenges. >> host: two final questions before we go to calls. callers are ready. this is another article during an intimate dinner with democratic senators. how come you were left off the list? [laughter] >> guest: i have no idea. [laughter] but i have been very pleased with the president's increase in ou
paying taxes up front that will fund retirees' and will eventually qualify for benefits. they are the issue. that is a question about social security reform. i think we do need is a security reform. >> i thank you for your work. i appreciate both of you being here today. senator.you very much senator schumer? >> thank you, senator feinstein. i thank you both of you for your great work on agriculture. i also want to see -- i also want to thank chairman leahy for having this hearing. it has been amazing and those of us in our little group cannot support him enough -- cannot thank him enough for supporting our bill. 90% ofi get started, what is in his bill is in our bill. overall it is very positive. >> thank you. i would like to really look that over. >> i will. the bill i to would like to ask that all of us do not jump to conclusions regarding the events in boston. we will try to complete those events with this legislation. we are a safer country when law- enforcement knows who is here, has their fingerprints, photos, conduct background checks, and no wonder these to look
one jar. welcnew york state, where cutting taxes for families and businesses is our business. we've reduced taxes and lowered costs to save businesses more than two billion dollars to grow jobs, cut middle class income taxes to the lowest rate in sixty years, and we're creating tax free zones for business startups. the new new york is working creating tens of thousands of new businesses, and we're just getting started. to grow or start your business visit thenewny.com if we don't double the number of kids graduating from high school in the next 8 years, our country won't be able to compete globally. what uncle sam needs now are more good teachers. are you up for it? you can help kids graduate. the more you know. >>> what does it take to get a tech tax break from the city of san francisco? less than you might expect. san jose, tech museum of innovation, will reboot. plus, author po bronson ponders cheating. our reporters from central china television mark nu. the economist martin giles. this week on "press: here." good morning, everyone. i'm scott mcgrew. the organization joint ve
the figures look like. w new york state, where cutting taxes for families and businesses is our business. we've reduced taxes and lowered costs to save businesses more than two billion dollars to grow jobs, cut middle class income taxes to the lowest rate in sixty years, and we're creating tax free zones for business startups. the new new york is working creating tens of thousands of new businesses, and we're just getting started. to grow or start your business visit thenewny.com >>> welcome back to cnbc. disappointing figures out of germany keep market gains in check with investorers concerned about weaker than expected data in china. a mixed set of numbers in europe with kpm disappointing, but more positive earnings from escona. apple is getting set to report much anticipated results around noon. analysts get set for a shrink for the first time in aek did aid. >> your data alert out of britain, that compare bes a 15.5 billion establishment and $16.7 billion a year ago. as britain's finances come more and more into focus, the question then becomes what these levels will continue to look lik
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